1988: Back to the human world for a few years

Chapter 480 Second Finance (1)

In later generations, urban investment companies have always been known as the "second local finance."

But in fact, this statement is biased. In later generations, there may be dozens of urban investment companies in a region, including district-level urban investment companies, urban investment companies that specialize in investing in water conservancy and transportation facilities, urban investment companies that specialize in supporting the development of a certain industry, and so on.

There are so many urban investment companies, some big and some small, some strong and some weak. They may indeed bear the responsibility of the local second finance, but if you say that their powers and weight can be directly equated with the local financial department, that is too wishful thinking. Many urban investment companies actually do not have much say at all. It may be more appropriate to call them "money bags in the pocket".

Of course, not all urban investment companies are like this. Some large urban investment companies not only have strong operational autonomy and implicit powers, but can even directly participate in a series of major work meetings such as local urban planning, industrial investment, budget allocation and adjustment, and influence the final resolution of a series of plans.

Therefore, in later generations, how to preliminarily judge the reliability of a project through the names of the general contractor and the urban investment company has become a compulsory course for engineering bosses everywhere. Those urban investment companies with prefixes of "district" or "city" and whose names are highly directional are undoubtedly the most popular units.

Obviously, since it is called "DZ City Urban Infrastructure and Industrial Upgrading Fund Co., Ltd." and it is also one of the first experimental comprehensive financial platforms in the country, even if you look at it from the perspective of a municipal investment company, it is definitely a heavyweight role.

Therefore, as the general manager of the company, one of Yang Mo’s main tasks, or even the most important one, is not to absorb funds, but to actively participate in various economic construction work meetings in DZ City and provide reference opinions and "auxiliary support" for the formulation of relevant resolutions.

………………

On December 12, a discussion meeting on urban expansion and urban transformation was held in DZ City.

A young secretary who looked like a lady from a wealthy family in the south of the Yangtze River, holding a pager in her left hand and an extremely awkward mobile phone in her right hand, sat at a loss in a waiting room with green paint and white walls, facing the despair of social death amid the surprised eyes of a group of secretaries.

In the meeting room next door, the newly appointed Tian Guangyue also felt the hint of unfriendliness in the air.

"In response to the requirements of the organization and the spirit of the issued documents, one of the key tasks of our city next year is to actively expand the urban area and improve the city's appearance."

Tian Guangyue habitually put his index and middle fingers together and knocked hard on the chairman's table: "Comrades, although Dezhou has been specially approved to be a prefecture-level city, some of our hard indicators are still far from meeting the standards of a prefecture-level city!"

"Among these, the most urgent task is to quickly raise our urbanization rate and urban permanent population... If our urbanization rate and permanent population still do not meet the minimum requirements for prefecture-level cities when we report our work achievements to our superiors next year, we will be laughed at and criticized by others. Even if I go to ask for policies, I won't be able to stand up straight!"

After slightly emphasizing the word "need policy" and his own resource background, Tian Guangyue said with a hint of no doubt: "So, after careful discussion by the team, our idea is that we will keep grasping it with both hands next year;"

"On the one hand, we are actively expanding the new urban area to the east, investing 9 million yuan, taking the township streets of the five towns in the east district as the radiating points, and building a series of public facilities including relocation housing, markets, road transportation, electricity, sewage facilities, etc. in the form of interconnected areas, completing the initial urbanization transformation. At the same time, we are actively opening up the urban household registration policy and encouraging the 5 residents in the east district to change from agricultural household registration to non-agricultural household registration!"

"As long as we can fully absorb the 13 residents in the East District into urban population, our Dezhou's urbanization rate and permanent population indicators will both jump up. Although it may still be a little short of the minimum requirements for prefecture-level cities, the gap is not much... Moreover, our Dezhou is now developing so well, and we have a steady stream of foreign residents. If the numbers on both sides are added together, the permanent population indicator should be able to make up for it."

At this point, Tian Guangyue tilted his head and whispered in a voice that everyone could hear: "Secretary Li, you are in charge of the political and legal department, and the household registration files are also under your jurisdiction. You should study and discuss how to formulate a new policy on rural-to-urban migration... Only in this way can we actively mobilize the masses!"

When some people in the audience heard this, their faces changed.

The expansion plan for the New East District hasn't been approved yet, and now you're ordering the formulation of a new policy for converting farmers into non-agricultural workers?
Does that mean you can’t fail at all?
Isn’t this new squad leader Tian too overbearing?
Tian Guangyue seemed not to notice the reactions of some people below him, and continued: "On the other hand, we must actively promote the construction of the city appearance... A dirty, broken, and chaotic prefecture-level city is an unattractive prefecture-level city! It is a city that no foreign capital is willing to come to!"

"So, after discussion within the team, we plan to invest 1.5 million yuan after the spring to start the renovation of shantytowns in the old neighborhoods!"

"On the one hand, this can improve the appearance of our city of Texas and enhance its attractiveness for attracting investment;"

"On the other hand, as DZ City develops and expands, those old neighborhoods will gradually become the city center of the new city... Whether the renovated land is used for industrial purposes to attract investment or for commercial purposes, it will be very beneficial to the economic development of Dezhou!"

"Of course, shantytown renovation is no small matter. In the process of advancing the work, we must also take care of the people's emotions, provide appropriate compensation, and do a good job of comforting them and subsequent resettlement!"

At this point, Tian Guangyue paused and asked, "What do you think?"

What do you think?

You keep saying that the team will discuss and make the decision, how can I object?

Seeing the indistinguishable genuine and fake responses from the audience, Tian Guangyue smiled and flipped open the document underneath: "If everyone has no objection, then we will start to assign specific tasks!"

"Wait, I have a few questions I want to ask the organization."

Following everyone's surprised looks, Yang Mo, who was in the back row, raised his hand without much fluctuation in his tone.

Seeing that it was this master who jumped out, everyone's eyes suddenly became complicated.

Although Yang Mo's seat was in the inconspicuous second half, that was because Texas Urban Property Fund was a corporate entity. But if you really only judged the importance based on the seat, then you would be extremely stupid.

Seeing that it was this young man who had directly promoted the development of Dezhou County, was highly regarded by Mr. Zhao, and had just been hit by him a little the day before yesterday and then gave him a little embarrassment, who raised his hand to speak, Tian Guangyue's pupils could not help but shrink.

He calmly glanced at Ye Tao, who was two seats away from him, and exchanged glances with the deputy monitor beside him. Then he smiled friendly and said, "It's Mr. Yang from the fund company. Tell me, what situation do you want to know from the city?"

Tian Guangyue specifically pointed out the four words "fund company", undoubtedly to emphasize to everyone that Yang Mo is not a member of the administrative system. Out of the minimum respect, I used such a gentle tone.

At the same time, this is also a warning to everyone: no matter how powerful this young man is or how much he is valued by his superiors, he is not a member of our administrative system after all, so some people should think carefully before jumping out.

Yang Mo sat in his seat, seemingly unaware of the complicated looks. He just looked at his notebook carefully, like a good student who listened attentively to the lecture. Then he showed an expression of humility and asked:
"My first question is, Secretary Tian, ​​regarding the merger of the five towns in the East District and the renovation of the shanty towns in the old neighborhoods, are these instructions given in the guidance documents issued by the organization?"

As soon as these words were spoken, everyone's face changed immediately.

Damn, this young man is so bold, even asking such a question?

Tian Guangyue's expression remained unchanged, and he replied with a smile: "There are naturally no special guidance documents for these two tasks... After all, General Manager Yang has just started cooperating with our administrative system, and some things may not be clear to him. The organization only emphasizes that DZ City should make up for the basics as soon as possible, but will not provide specific guidance on how to do it... Therefore, as long as it complies with the spirit of the organizational documents, these two tasks belong to DZ City's self-planning and do not need to be specifically consulted with superiors."

Yang Mo nodded: "Thank you Secretary Tian for clearing up my doubts... Since these two tasks are not mandatory tasks assigned by the organization, please forgive me, Secretary Tian. As the person in charge of the Dezhou Urban Property Fund, there are some situations that I may need to know more about."

Hearing the words "not a hard task assigned by the organization", Tian Guangyue's eyes flashed with displeasure, but then he laughed: "Boss Yang, you can ask as much as you want...Work meetings are supposed to be fair, open, and democratic. Not only can Boss Yang raise any questions directly, but the rest of the comrades can also ask any questions they want to ask...Everyone here is a new team that has just been established. It's time for us to get used to each other, understand each other, and speak freely!"

When Ye Tao heard the words "You all are a new team", his expression changed involuntarily. He glanced at the few familiar faces in the audience, but ultimately did not say a word in response.

Yang Mo's face was modest and harmless: "Secretary Tian, ​​what you said touched my heart. This is the first time I have officially cooperated with your system. I have no experience. If I don't ask you clearly about some questions, I really have no idea. Please forgive me, forgive me!"

"So, the next question I want to ask is... who will provide the 9 million yuan for the expansion of the New East District?"

"Does it involve our Dezhou Urban Property Fund Company?" "If it involves the Urban Property Fund, what is our share of the burden?"

Tian Guangyue laughed: "Since it is called Dezhou City Property Fund, then your company will naturally have to contribute to the expansion of DZ City... After all, the city has already injected a large sum of money into your company, and its purpose was originally to be used for the infrastructure construction of DZ City."

Yang Mo reminded, "Secretary Tian, ​​the expansion of DZ City is our responsibility as an urban real estate fund, but the special funds allocated for this purpose were only 4.3 million yuan."

Tian Guangyue smiled and said, "We have taken this into consideration. So the team's idea is that of the 9 million yuan investment, the city will bear 3 million yuan, and your company will share 6 million yuan... The difference of 1.7 million yuan will be made up by your company issuing urban construction bonds. The first batch of funds raised cannot be less than 5000 million yuan, and the arrival time of the first batch of funds cannot be later than March 3 next year."

"After the expansion is completed, 5% of the total value of the new infrastructure and 3% of the public facilities management and use rights will be allocated to your company, which will then be operated by your company to offset the principal and interest of the bonds."

Strictly speaking, if we don't discuss the difficulty of actual implementation, this plan is already very favorable. Today's domestic land prices have not been driven up, and various capital games have not been introduced to inflate assets. The actual value of the 5% of new infrastructure property rights cannot be compared with future generations... Not to mention the 3% of public facility management and use rights. Those who know the business know how valuable this thing is.

Yang Mo looked at the middle-aged man with a rather dignified appearance with some surprise. He did not expect that the other party would dare to take such a big step... He was indeed a paratrooper with resources and background, so confident.

However, he did not question the problems in this solution at this time, but just nodded: "So the city is also planning to share the funds for the shantytown renovation project in the old city street with our Dezhou Chengchan Fund Company in a ratio of 1:2?"

Tian Guangyue shook his head and said, "No, the city can only afford 1.5 million of the 3000 million needed for the shantytown renovation project. Your company may need to find a way to pay the remaining 1.2 million... It can be divided into three installments, but due to the particularity and sensitivity of the project, the total start-up capital for the shantytown renovation project of the four old streets cannot be less than 1 million. Therefore, the proportion of funds raised by your first batch will also be relatively high, not less than 7000 million, and the arrival time of the first batch of funds cannot be later than March 3 next year."

Tian Guangyue sighed and said, "There is no way. Although Dezhou has experienced rapid development in the past year, its foundation is still too thin. Money is needed everywhere. The city can squeeze out 3000 million, which is already the limit... However, as compensation, the asset redistribution plan after the shantytown renovation can be proposed by your company. As long as the request is appropriate, the city will never make it difficult."

Yang Mo nodded again: "Thank you Secretary Tian for clearing up my doubts."

Then he changed the subject: "But unfortunately, as one of the fund-raising parties, I may not be able to complete the task assigned by Secretary Tian as required."

As soon as these words were spoken, everyone in the room was shocked and looked at the young man with a look of "Are you crazy?"

Tian Guangyue's eyes also flashed with a trace of surprise and anger, but the smile on his face remained unchanged, revealing a puzzled expression: "Boss Yang, the organization's intention of establishing the Dezhou Urban Property Fund Company is to explore the possibility of making full use of idle social funds to support regional infrastructure and economic construction;"

"The reason why Mr. Yang appointed Dahua as the sole person in charge of the fund company despite all objections was of course his unique economic vision and trading ability, but Dahua's well-known strong fundraising ability was also an important consideration;"

“So, I really want to know…”

"Since Mr. Yang can easily hold a grand franchise conference, collect 2.7 million franchise fees, open more than 17 franchise stores in 375 cities in 3000 provinces, and promote the Momo Baizha brand and the accompanying 817 broiler breeding project nationwide;"

“You can also personally meet with hundreds of local units and individuals from more than a dozen counties in Dezhou and Lanling, and then easily raise 4.6 million project bonds to promote the light and heavy industrial products exchange plan;”

"We can also cooperate with well-known pharmaceutical companies in the island country, such as Sanko Co., Ltd., Daiichi Pharmaceutical, and Otsuka Pharmaceutical, and easily attract tens of billions of yen in investment through a 100,000-acre artificial mulberry fungus cultivation base project and a property rights financial transaction model;"

"We can even use the brand overseas expansion plan to draft more than 147.6 bilateral cooperation and agency agreements with a total value of billion yen through the semi-official chamber of commerce, the China-Japan Economic Promotion Association, in just the past half month;"

After talking about several of Yang Mo's recent major moves, Tian Guangyue's expression was still smiling, but his tone became stern: "But why is it that when it comes to promoting infrastructure work in DZ City, President Yang told me that he can't fulfill the city's request!?"

"Could it be that Mr. Yang has forgotten the original intention of the organization to establish the Dezhou Urban Property Fund Company, and has forgotten your mission!?"

Although Tian Guangyue did not slam the table on the spot because Yang Mo belonged to another system, everyone in the audience still felt horrified when they heard it.

Damn, this is clearly a heart-breaking statement!
You will be accused of "forgetting your mission and having a wrong position", and no matter how well you perform, you will still not escape being criticized. If you make any mistakes in the process and people take advantage of you, you may even be scolded.

Unexpectedly, Yang Mo shook his head slightly in response to Tian Guangyue's seemingly insignificant but actually lethal accusation: "Secretary Tian, ​​I think you made a mistake."

"It's not that I have forgotten my mission and am unwilling to help the city raise enough funds to promote urban expansion,"

"But Secretary Tian, ​​you may have a distorted understanding of the responsibilities of Dezhou Urban Development Fund Company and lack understanding of the actual operation of social financing;"

"more importantly……"

"The amount of private funds that can actually be mobilized in Dezhou is limited, and the total amount of assets that can be redeemed is also extremely limited;"

"In other words, even if Dezhou Urban Property Fund Company is willing to actively raise funds, and according to Secretary Tian's request, it will invest all the 4.3 million special funds in one go, and then raise several hundred million yuan to fully implement the funds needed for the expansion plan of the New East District and the renovation plan of the old neighborhoods;"

"and then?"

"The funds needed for DZ City's next year's reservoir construction, power generation, transportation expansion, gas pipeline laying, urban sewage system, new industrial zone planning, employee resettlement, pension and social security, medical care, city publicity, tourist attraction construction, and other infrastructure projects can all be left alone and handed over to the city to be responsible for, and then distributed to various departments to generate their own income?"

Everyone's expression turned unnatural when they heard Yang Mo point out so many jobs and projects that were in urgent need of funds next year.

When he heard the words "generate income on your own", his expression changed drastically.

There is no one who is qualified to attend today's meeting who does not know the endless difficulties and huge risks implied by these four words.

Damn, if all these budgets have to be generated by the departments themselves, it will be a mess! ?
Of course, more importantly...

Doesn’t Dezhou Urban Real Estate Fund Company still have a lot of money? Why did they mention the word "leave it alone"?
and also……

What does it mean that the private funds that can be actually mobilized are limited, and the total amount of assets that can be redeemed is also extremely limited?
Countless question marks appeared in their minds, and many people turned their eyes directly to Tian Guangyue on the rostrum.
But he was shocked to find that the expression of this newly appointed paratrooper suddenly became extremely gloomy...

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PS: I will write this little bit of this chapter for now, and will continue if I am still here tomorrow.

I was reluctant to write about this kind of plot, but there are some things I have to explain, so I will try to touch upon it briefly.

By the way, tomorrow is Children’s Day. There is nothing to celebrate about May 520th Youth Day and , but Children’s Day needs to be celebrated greatly.

I wish you all keep your childlike innocence forever and happy Children's Day!
In fact, you can also secretly buy a figurine to comfort yourself~
that's all.

(End of this chapter)